Nonprofit giving has declined by $65 billion since 2021. However, institutions are not the only ones pulling back. Consumers ...

However, 12 states and Washington, D.C., still impose an estate tax, and five states have an inheritance tax. Maryland has ...

My husband and I plan to help our daughter with some of her wedding expenses. It's my understanding an individual can give $19,000 in a year without triggering a taxable event. What is the best way to ...

Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...

Learn smart strategies for grandparents to optimize 529 plans, tuition payments, and Illinois/Missouri tax benefits while ...

How charitably inclined taxpayers can use donor-advised funds and other tax strategies to get ahead of the OBBBA's revised ...

You worked hard to have a comfortable life and pass on some wealth to your heirs. Unfortunately, if not done strategically, ...

Consider a taxpayer who is at least age 70½ donating from a traditional IRA directly to charity – a strategy called qualified ...

President Donald Trump signed the One Big Beautiful Bill Act into law on July 4. Among its many provisions, this widely ...

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

Some art collectors, when navigating estate planning, consider alternative nonprofit venues—such as libraries, retirement ...

The Internal Revenue Service has announced a comprehensive update to the federal tax code, setting the stage for a ...